# Bupa Arabia

Bupa Arabia is an Insurance based in Jeddah, Saudi Arabia.

## Overview

- **Organization type:** Insurance
- **Headquarters:** Jeddah, Saudi Arabia
- **Region:** Middle East
- **Founded:** 1997
- **Assets under management:** Undisclosed
- **Website:** bupa.com.sa
- **LinkedIn:** https://sa.linkedin.com/company/bupaarabia

## Regulatory record

- **Reports private funds:** No

## About

Bupa Arabia began operations in 1997 as a joint venture involving Nazer Group and Bupa Investments Overseas Limited. Loay Hisham Nazer founded the Nazer Group and chairs the insurer while his brother Tal Hisham Nazer holds the CEO role. The company allocates capital across term deposits and financial investments while running a direct deal program. Confirmed holdings include full ownership of Bupa Arabia for Third Party Administration and Bupa CareConnect. Operations remain concentrated in Saudi Arabia with branch locations in Riyadh and five additional cities. Bupa Arabia reports an investment portfolio of $3.84 billion and employs a dedicated ESG Steering Committee targeting net zero by 2040. It maintains a CSR program established in 2011 that has provided free health insurance to more than 2,000 orphans. September 2025 sponsorship at Money 20/20 Middle East marked one recent operational activity. Ownership structure features a 43.25 percent stake held by Bupa Investments Overseas Limited and a 5.005 percent stake held by Nazer Group, creating a hybrid governance model between international partner and local founding family.

## Sectors

- Insurance
- Healthcare Services

## Offices

- Riyadh
- Khobar
- Jubail
- Madinah
- Makkah
- Buraidah

## People

- Tal Hisham Nazer — CEO
- Loay Hisham Nazer — Chairman

## Questions

### Who runs investment decisions at Bupa Arabia?

Tal Hisham Nazer serves as CEO. The firm maintains an ESG Steering Committee that integrates ratings into investment decisions.

### Does Bupa Arabia participate in fund commitments or only direct deals?

The firm runs a direct deal program and holds 100 percent ownership in three operating subsidiaries in healthcare services.

### Where does Bupa Arabia maintain its branch network?

Headquarters sit in Jeddah with additional offices in Riyadh, Khobar, Jubail, Madinah, Makkah, and Buraidah.

### What is Bupa Arabia's known posture on co-investments alongside external GPs?

No public information details co-investment activity with external GPs.

### How is Bupa Arabia related to Nazer Group?

Nazer Group acted as founding joint venture partner and retains a 5.005 percent shareholding.

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Last updated: 2026-06-03T20:00:00.000Z

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